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Lodi Ca Real Estate Market Trends July 2017

Lodi Ca: The traditionally strong summer real estate activity here in Lodi CA has not disappointed so far this 2017.  Over the last two months of May and June, Lodi CA has seen an increase in the number of newly listed homes.  A welcomed site for home buyers in Lodi as prior to March there were 7 straight months of declining newly listed homes for sale before the listing inventory started to level off.

[ Search for Lodi Homes ] [ See Zip Code Trends ]

In June, we saw 131 new homes listed for sale in Lodi, an increase of nearly 10% from May's 122.  Still very low to historic levels.  Most real estate professionals including myself still see a slight price gain for the rest of 2017 until more homes become available for buyers.

 Homes in Lodi CA continue to be selling quickly, comparatively to historical metrics.  Last month on average, homes in Lodi went "pending" in just 45 days. This is also a declining figure as you can see in the chart below. And many, in some of Lodi's most desirable areas, sell in less than a couple of weeks.

 

The up and down averages of the  price per square foot in Lodi Ca just continues. Down from the previous month of $231/sq ft, June 2017 the average fell to $219.  However, this is nice stat for homeowners.  At an average of $219 per sq foot, this is an increase from this time last year when the average price per sq ft was $203.  

 

For more information about your neighborhood real estate date or for a detailed value of your home, please call David McKeever @ 209.483.6523 or email him at mckeeverrealestate@gmail.com

Stockton CA Real Estate Market Trends July 2017

Stockton Ca: The traditionally strong summer real estate activity here in Stockton CA has not disappointed so far this 2017.  Over the last two months of May and June, Stockton has seen an increase in the number of newly listed homes.  A welcomed site for home buyers in Stockton as the prior to May there were 7 straight months of declining newly listed homes for sale.

[ Search Stockton Homes ] [ See Zip Code Trends ]

In June, we saw 466 new homes listed for sale in Stockton, an increase of nearly 10% from May's 424.  However, this was a slight decline of .9% from June 2016.

 

Homes in Stockton CA continue to be selling quickly, comparatively to historical metrics.  Last month on average, homes in Stockton went "pending" in just 34 days. This is also a declining figure as you can see in the chart below. And many, in some of Stockton's most desirable areas, sell in less than a couple of weeks.

 

Wow.  The average price per square foot in Stockton just continues to slowly rise.  In nice stat for homeowners.  At an average of $169 per sq foot, this is an increase of 11.2% from this month one year ago.  2 years ago, the average price per square foot in Stockton Ca was at an average of $137.  That is and increase of 23.4% since that time.

 

For more information about your neighborhood real estate date or for a detailed value of your home, please call Stockton Realtor David McKeever @ 209.483.6523 or email him at mckeeverrealestate@gmail.com

Vlog #7: Whoa, There is Only How Many Homes for Sale?

VLOG #7: In this episode we're bringing updated real estate market trends for the Stockton & Lodi Markets. It's a good one to listen to if you are thinking of buying or selling your home!

Below the video are the real estate data charts which we show in our video.  Please scroll down to take a more detail look at them.  For further, detailed information, about the real estate trends in your specific zip code, check out our MARKET TRENDS page. 

 

 

 

 

LODI CA Real Estate CHARTS for May 2017

 

 

 



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